1 September 2023 12:00 am Views - 599
Sinopec Lanka, a subsidiary of China Petroleum & Chemical Corporation (Sinopec), has officially commenced business operations in Sri Lanka. The company this week started supplying fuel at its first franchising filling station in Mattegoda.
Sinopec Lanka has been granted a 20-year license to operate 150 fuel stations. The company plans to progressively hand over all 150 filling stations to its management before October.
As part of its market promotion measures, Sinopec Lanka is offering a pump discount of Rs.3.00 per litre for petrol and diesel.
“We are honoured to mark the official launch of Sinopec’s business operations in Sri Lanka through the handover of our very first franchise filling station,” said the Executive Director of Sinopec Lanka. “Sinopec upholds its commitment to provide stable supply to the market, and to creating value for our partner and the customer.”
Sinopec’s entry into the Sri Lankan market is a significant step towards enhancing the country’s energy landscape. The company’s investment in the Sri Lankan market is expected to contribute positively to the country’s economic stability and growth.
Sinopec is a leading global energy and chemical company. The company has a presence in over 100 countries and regions. Sinopec is committed to providing clean, safe, and reliable energy products and services to its customers.